Expanding Affordable Housing Stock for Seniors in Brevard Co. 

October 2025 – Indianapolis, IN – Just over 24% of the population of Brevard County, Florida is aged 65 or over- higher than the state’s average of 21.6%, according to the U.S. Census Bureau’s American Community Survey. Expanding access to affordable housing is something we focus on every day at Kittle Property Group. Our brand-new Sunset Palms development in Palm Bay will bring 263 affordable apartment homes to those in the Brevard County area.  

Sunset Palms will feature three 4-story buildings and one 3-story building, all with interior corridors. The community will consist of 1- and 2-bedroom apartment homes, all with rents at 60% of the Area Median Income (AMI). All of the buildings will meet the building requirements of the National Green Building Standard (NGBS) Bronze designation 

The recently released study by the Kenan Institute of Private Enterprise at the University of North Carolina and Fifth Third Bank found that Brevard had the highest growth rate among 100 midsized communities during the past five years, as measured by gross domestic product, as well as the second-highest growth rate over the last 10 years. Growth like this can make finding an affordable apartment increasingly difficult for seniors on a fixed budget. 
 

“It’s so important that seniors are able to find good affordable housing in the area they already live,” said Mike Roderer, Senior Vice President of Development. “Sunset Palms increase the quality of life of Brevard County area seniors by allowing them to continue living near friends and loved ones, their doctors, their activities and the places they are familiar with.”  

Financing for this community includes tax credits issued by the Florida Housing Finance Corporation. The Kittle Property Family Foundation, Inc. is the General Partner, and Brevard County HFA is the bond issuer.